Property Prices in Erlangen, Germany

Index Info
Price to Income Ratio: 5.65
Mortgage as Percentage of Income: 41.03%
Loan Affordability Index: 2.44
Price to Rent Ratio - City Centre: 33.69
Price to Rent Ratio - Outside of Centre: 26.59
Gross Rental Yield (City Centre): 2.97%
Gross Rental Yield (Outside of Centre): 3.76%
Rent Per Month
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Apartment (1 bedroom) in City Centre 741.67 € 500.00-900.00
Apartment (1 bedroom) Outside of Centre 575.00 € 400.00-650.00
Apartment (3 bedrooms) in City Centre 1,450.00 € 1,200.00-1,700.00
Apartment (3 bedrooms) Outside of Centre 1,283.33 € 1,150.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 526.18 € 418.06-650.32
Price per Square Feet to Buy Apartment Outside of Centre 343.41 € 297.29-389.54
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,138.75 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.98 3.95-4.00

These data are based on 55 entries in the past 18 months from 12 different contributors.
Last update: July 2024

Sources and References
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